Beautiful Multi-Family House in Prime Bushwick! 1247 MADISON STREET is ideal for an investor or an end-user, a legal 2 family home with the square footage and a configuration comparable to a 3 family home. The house is in GOOD condition. The property can be delivered vacant. This is an exceedingly rare listing, a bargain with low taxes and a list price that equates to a competitive potential cap rate. Plus- the property has extra buildable square footage. *Please confirm the breakdown below with a licensed architect. 3 Story House Building Size: 20 ft x 45 ft 2700 sf Lot Size: 20 ft x 100 ft R6 Residential FAR: 2.43 Allowed usable floor area: 4,860 sf Unused FAR: 2,160 sf 1247 Madison Street. In addition, the house presents an opportunity for the savvy investor to unlock further value. The property is set in close proximity to the Myrtle-Wyckoff L & M Trains and a staggering plethora of some of the best restaurants, nightlife and culture to be found in the Greatest City in the World!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
